2022
Exports
$36.4MWorld Rnk 5 / 99
Flag Rnk 27 / 935
2022
PRODUCT COMPLEXITY IN Ground Nut Oil
-1.93Rnk 993 / 1025
2022
Imports
$12.8kWorld Rnk 105 / 185
Flag Rnk 1043 / 1145
2022
ECONOMIC COMPLEXITY of Senegal
-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $36.4M in Ground Nut Oil, making it the 5th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 27th most exported product in Senegal. The main destination of Ground Nut Oil exports from Senegal are: Italy ($11.2M), Netherlands ($7.01M), Switzerland ($6.72M), China ($6.27M), and France ($4M).

The fastest growing export markets for Ground Nut Oil of Senegal between 2021 and 2022 were China ($2.8M), Eswatini ($346k), and Sweden ($290k).

Imports In 2022, Senegal imported $12.8k in Ground Nut Oil, becoming the 105th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1043rd most imported product in Senegal. Senegal imports Ground Nut Oil primarily from: Italy ($7.17k), India ($2.1k), China ($1.37k), France ($1.18k), and United Arab Emirates ($654).

The fastest growing import markets in Ground Nut Oil for Senegal between 2021 and 2022 were Italy ($6.28k), France ($1.18k), and India ($427).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ground Nut Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$36.4M
IMPORTS (2022)$12.8k
NET TRADE (2022)$36.3M

In 2022, Senegal exported $36.4M in Ground Nut Oil. The main destinations of Senegal exports on Ground Nut Oil were Italy ($11.2M), Netherlands ($7.01M), Switzerland ($6.72M), China ($6.27M), and France ($4M).

In 2022, Senegal imported $12.8k in Ground Nut Oil, mainly from Italy ($7.17k), India ($2.1k), China ($1.37k), France ($1.18k), and United Arab Emirates ($654).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
China$2.8M (81%)
Eswatini$346k (1%)
Sweden$290k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Senegal WERE (2021 - 2022):
Italy-$1.29M (-10.3%)
Netherlands-$1.26M (-15.2%)
Switzerland-$847k (-11.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Ground Nut Oil were:
In 2022, Senegal's main importing competitors in Ground Nut Oil were:

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.6M
TOP IMPORT POTENTIALIndia+ $3.99k

Ground Nut Oil’s highest export potential is China. With an export gap of $3.6M.   Ground Nut Oil’s highest import potential is India with an import gap of $3.99k.

See methodology.

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